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Avelon Review: Beware of Avelon.cc Crypto Scam

Avelon Review: Beware of Avelon.cc Crypto Scam

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Avelon.cc is a crypto scam website. The users of the platform can cash cryptocurrency like Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Dogecoin, Dollar, and XRP. Avelon has numerous red flags that make the Company a Ponzi scheme. It promises investors to earn a 2% to 4% profit daily on any of the cryptocurrencies that they offer. Investors are also enticed to start mining and make a bonus of a 100% Gh/s upon registration, which is a fake scam.

Make a well-informed investment. A good investment will require sound research and patience. There are no shortcuts, and you should avoid Ponzi schemes that promise quick returns at all costs. Take your investment a bit seriously and avoid Avelon.

The platform claims investors can buy a particular amount of hash rate and make huge returns. Their app can mine for numerous digital coins. The Company’s profits do not exist, and neither is there any information regarding Avelon.cc location.

Avelon Review

Investment companies like Avalon will exit the market after deceiving investors. Avelon is a cloud mining website that will make you believe you are on your way to mining many Bitcoins and be part of the crypto rich league. Ensure you always cross-check a Firm with any deal that sounds too good to be true. If you buy the Avelon mining plan, you won’t make a dime. This site is a scam that is not involved in mining and uses its platform to steal funds from their clients.

Avelon is a scam investment company that lacks basic knowledge of crypto technology. They have even categorized USD as a digital currency, which is not. The Company claims to assist users in utilizing a lucrative cryptocurrency market.

Avelon review, Avelon Website

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Legit mining websites don’t guarantee users outrageous profits. There are marketing conditions involved. Mining activities have ROI, which is not very different from returns you would make on typical conventional debar investments when Bitcoin rises.

Who is the owner of Avelon?

The platform has not disclosed the people behind the Company. Any anonymous cryptocurrency investment that doesn’t provide its leadership information should raise red flags. You should always know who owns/runs the operations of an Investment Firm.

Whois has available data showing that the Firm domain was registered in 2019. The owner of this site may be operating from Australia since it has a .cc domain, which is Cocos Island based in the country.

Transparent mining platforms always strive to assure their investors that they are legit by providing a real address. Avelon has no address and raises more suspicion that it’s a scam Firm. It is your right to know the people you are investing with. The platform is a Ponzi scheme; why would you trust unknown people with your hard-earned cash.

There is no available information about Avelon.cc Company. The Company does not display any information to certify that they are registered or if they are licensed to perform investment activities. The Company is fake without any legal authority and should be avoided at all means.

Withdrawals and Payouts

The Avelon.cc has bogus withdrawals and payouts displayed on their platform. There is a small chart featuring the profits that their investors have withdrawn through cloud mining.

Such charts can be easily made and can make you believe the site is legit while it’s just a scam. No method can be used to confirm their withdrawal allegations are true. Clients have not been able to withdraw any claimed profit.

There are numerous legit cryptocurrency investments which you can try without compromising the safety of your money. They are many trusted mining sites you can invest in as well. We have made your work easier by thorough research on credible cryptocurrency and mining services that are safe.

Avelon Affiliate program

The site has affiliate programs that popularize the platform. It offers huge questionable returns to those who promote them. Avelon will certainly exit the market after reaping of funds from its investors.

The Avelon.cc referral program claims to offer investors an excellent accrual of 10% for their first referrals. A 4% profit if you bring a second person. When the invited person purchases power, you also gain. Their client receives a 5 Gh/h is the invited person passes their registration.

Avelon.cc scam,  Avelon.cc Affiliate Program

Most of their clients’ none has received any bonus even after utilizing the affiliate program. The platform heavy lifts its investors by scamming them with the affiliate system to expand their casting nets and acquire more victims to steal from.

The method they use to accept new clients is not openly disclosed, making the platform a Ponzi scheme. It can be gullible to believe these fraudsters when they promise you a referral program that earns you more funds. Avoid Avelon.cc, which is a pyramid scheme.

The Platforms Mining Operations

The Avelon.cc Company does not provide users with any information regarding their inner working system. There is no real information on the website. It has only listed the digital currencies that its users can invest in. It is only a pyramid scheme investment firm that only specifies a particular purchase of hash rate to determine your daily profit.

The operations of crypto mining are not shown anywhere on the platform. As an investor, you should ask yourself some questions. The Company does not show its HQ location, where its mining operation is at, the number of mining servers available, the overhead costs, or where its crypto mining farm is. There is no reliable information to back up the Avelon claims that they perform mining activities.

It’s absurd for the investment company to claim their users earn a 5% profit daily. How can you make a double monthly profit of whatever you invested without inputting any work to it? It’s ridiculous and unrealistic, and you should keep off such fraudsters.

Avelon Ridiculous ROI

Avelon.cc is a fraudster Firm that knows nothing about cloud mining. The Company’s mining operations outputs confirms that they are a Ponzi scheme not involved in the operation of mining. They have stated on their web page that their clients earn from 60 to 120 % profits every month. It is unattainable for any cloud mining Firm.

Bitcoin breakeven value is around $ 8000, the appropriate moment for any profitable activity of Bitcoin mining would have started before the bull market. Avelon.cc was established in June 2019, making it impossible to offer clients 120% returns or even be able to have broken even at that time. No cloud mining company can have a 60% profits returns considering the volatility of the BTC.

Many investors go wrong by not checking credibility info on available investment websites. Investing in cryptocurrency is easy; the only thing you need is to be well informed. You should be cautious of Ponzi schemes like Avelon.cc that promise huge returns with no associated risk.

After making your investment of BTC or any other supported cryptocurrency Avelon.cc will cut any communication with you. The Company can send your funds overseas without any trace. Avoid sending your money to these sites since they are scammers ready to extort your money.

Final Thought on Avelon

Cryptocurrency Ponzi Scam entities have become common, and they are establishing fake mining platforms. Avelon Scam Company claims to be well informed on cryptocurrency technology. They promise users huge benefits compared to their legit competitors, which raises questions. Before you make any investment on your hand earned funds, research to ascertain the legitimacy of a Firm. Don’t be blinded by a high appetite for making quick money because you only end up losing your money. There are thousand legit mining sites you can invest in.

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